RFG 3.08% 6.7¢ retail food group limited

Pizzas & Donuts for thought...., page-70

  1. 999 Posts.
    lightbulb Created with Sketch. 93
    Seems manipulated to me or that this is suffering from lack of liquidity (remember TIGA has gone below 5% and they may be dumping all their shares to exit the position entirely causing a crater).

    Either way, 5.9c is not logical to me. RFGis not dying and whether it can grow from here is up for debate, but it will be around 5 years from now, plus some. The MC is at 5.9c is illogical.

    RFG even at the same current number of stores with no net growth (some closures and some new ones) is still cheap to me. Anything on top is a bonus. It has now the cash and is looking to grow.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.